Understanding the atomic-scale mysteries of "crushing" chemistry is the goal of an expanded research center with a $20 million investment from the U.S. National Science Foundation.
The new American Sealants Inc. (ASI) 30,000-square-foot plant, in Fort Wayne, Indiana, will expand ASI’s operations and create new jobs in the community.
Sales of de-aromatic solvents, widely used in adhesives, sealants, coatings, and inks, are expected to grow significantly by 2033, led by demand for sustainable solvents.
Financial performance for the quarter that resulted in a 32% decline in year-over-year adjusted EBITDA led to the decision to close its titanium dioxide manufacturing facility.